That statement is false
Some of the database transaction could be recorded as soon as the transaction happen. Some companies may adopt different financial recording policy for their operation. It's not rare to see a company that will acknowledge transaction as soon as it happen so they could create a more accurate view about their company's financial position.
Answer:
Explanation:
B C and D have become tools that have been tried.
Deficit spending is a budget/government policy. Its use should be very limited.
Same with Increased Government Spending. FDR was the master at controlled government spending.
Reducing income taxes is another government policy.
So only A is an example of monetary policy. This is a regulation imposed on the Banks by the Federal Reserve.
Answer:
Opportunity cost is a useful concept when considering alternative places for using your resources and assets. ... If he/she farms the land, the opportunity cost is the income foregone by not renting it to a neighbor.
Answer:
b. set in when the fifth worker is hired
After this point additional worker return will be lower.
Explanation:
Trhe diminishing return are the moment at which the marginal increase in production decrease.
In other words, adding a new resource provide less return than his predecessor.
Marginal
2 do 4 hours
3 do 6 houses (marginal 6 - 4 = 2)
4 do 9 houses (marginal 9 - 6 = 3)
5 do 13 houses (marginal 13 - 9 = 4)
6 do 15 houses (marginal 15 - 13 = 2)
the marginal output decrease from 4 to 2 the returns decreased.
Answer: See explanation
Explanation:
The general journal entries necessary to adjust the interest accounts at December 31 will be:
1. December 31:
Debit: Interest Expenses = $8,000 × 9% × 51/ 360 = $102
Credit: Interest payable = $102
(To accrue interest expenses for the note issued on November 10).
2. December 31:
Debit: Interest Expenses = $12,000 × 10% ×30/360 = $120
Credit: Interest payable = $120
(To accrue interest expenses for the note issued on December 1)
3. December 31:
Debit: Interest Expenses = $12,000 × 10% × 11/360 = $36.67
Credit: Interest payable = $36.67
(To accrue interest expenses for the note issued on December 20).